Silver as an investment

Category Archives: Renting

SHTFplan: Housing Bubble Warning: Las Vegas Housing Is Booming, And That’s A Bad Sign

Prepare yourself. Buy physical silver and storable food. The epicenter of the housing bust that happened ten years ago is booming again, but economists say that’s a bad sign and should be taken as a warning. Las Vegas’ housing boom is anything but a good thing. This quiet working-class town of North Las Vegas, just […]

In Nearly 70% Of US Counties, The Average Worker Can’t Afford To Buy A Home

This article was originally published by Tyler Durden at Zero Hedge Housing, as we’ve pointed out in the past, is perhaps the most reliable bellwether of widening economic inequality in the US. And in its latest quarterly report on housing affordability in the US, ATTOM discovered that median-priced homes aren’t affordable to average wage earners in an astounding […]

UK’s Toxic Housing Mix

Asking prices for houses in the UK are starting to fall at a time when first time buyers in the UK continue to struggle to get on the ladder. The average house price in the UK has now moved lower by around £25k according to property website Zoopla, but are still nearly 8 times the […]

This $1.1 Million Silicon Valley Shack Is A Steal, But There’s A Bizarre Catch

The owner of one tiny, unassuming cottage in Mountain View, California just sold his house for well below the asking price of $1.6 million – but asked the new buyers to agree to one highly unusual condition: They must allow him to continue living there, rent free, for seven years, NBC News reported. The Silicon […]

U.S. Rent Growth Flatlines As Massive Flood Of New Apartment Supply Finally Takes Its Toll

After a slow and steady march higher in the wake of the ‘great recession’ nearly a decade ago, a note today from Rent Cafe shows that average rents in the United States may have finally stalled in July at $1,350 per month after posting a paltry sequential gain of just 0.1%.   Rents are still […]

The American Dream, Twice Removed

I can’t avoid linking that to earlier periods of American poverty (see the photos below), says The Automatic Earth's Raul Ilargi Meijer, times in which ‘leaders’ thought it appropriate to let large swaths of the population live in misery, so everyone else would think twice about raising their voices. A tried and true strategy. But […]

L.A. To Worsen Housing Shortage With New Rent Controls

Authored by Ryan McMaken via Mises Institute, Los Angeles, home to one of the least affordable housing markets in North America, is now proposing to expand rent control to “fix” its housing problem.  As with all price control schemes, rent control will serve only to make housing affordable to a small sliver of the population while rendering […]

The Bubble Boys

Visit full archives at The Entry Points: There is a famous Seinfeld episode about an arrogant guy who unfortunately has to live in a bubble. This is the same situation which millions and millions of good people around the world are in. The arrogant central bankers, The Bubble Boys (+ Janet), have created the conditions for speculation to […]

NYC Isn’t The Only Place The “Rent Is Too Damn High”; Euros And Canadians Also Struggle To Make Rent

Jimmy McMillan III, the now infamous founder of the “Rent Is Too Damn High Party”, as well as a self-described karate expert, Vietnam War vet, former postal worker and male stripper, has made it his mission for the past two decades to fight rising rents in New York City that have persistently pushed lower-income families […]

Nobel Prize Winning Economist Blasts America’s “Rent-Seeking” Economy

Via Mike Krieger of Liberty Blitzkrieg blog, I’m really grateful Angus Deaton was willing to come out and state the obvious. That is, the fact this economy isn’t what we’ve been told. In reality, it’s largely a rent-seeking based system, in which a meaningful percentage of the people who earn the most money are not only not adding value […]